CUXHAVEN (dpa-AFX) - Wind farm developer PNE is making progress in the sale of its US business. Several interested buyers had submitted non-binding offers, the company, which is listed on the SDax small cap index, announced on Monday evening. Whether the sale will take place and the possible price are open, but an extraordinary contribution to earnings is conceivable. Negotiations are to begin with selected bidders in the near future, the company added. The shares rose by a good eight percent on the Tradegate trading platform compared to the Xetra close.

PNE offers the development, financing, realization, operation, sales and repowering of onshore wind farms. At sea, PNE develops the wind farms until they are ready for construction.

The USA has so far been one of PNE's smaller markets, but the business has been expanded with both wind and solar farm projects. The reason for considering selling it is the high level of investment required in the country, as well as the security deposits to be deposited, it had recently been said. According to PNE, maintaining the margins would be at the expense of expanding the own-operation portfolio in Europe./mis/he